Net cash outflowsNet cash outflows

Net cash outflows

Total net cash outflows represent the total expected cash outflows minus total expected cash inflows in the specified stress scenario for the subsequent 30 calendar days. Total expected cash outflows are calculated by multiplying the outstanding balances of various categories or types of liabilities and off\-balance sheet commitments by the rates at which they are expected to run off or be drawn down as set out in Table 3 of paragraph 53 of this Attachment. Total expected cash inflows are calculated by multiplying the outstanding balances of various categories of contractual receivables by the rates (refer to paragraphs 54 to 66 of this Attachment) at which they are expected to flow in under the scenario, up to an aggregate cap of 75 per cent of total expected cash outflows. That is:

![Start formula total net cash outflows over the next 30 calendar days equals total expected cash outflows minus the minimum of open brackets total expected cash inflows; 75 per cent of total expected cash outflows close brackets.](image.004.png)

An ADI must not double‑count items. That is, if assets are included as part of the stock of HQLA (the numerator of the LCR), the associated cash inflows cannot also be counted as cash inflows.

APRA will assess the suitability of an ADI’s assumptions made for those cash flow items that are derived. An ADI must be in a position to provide analysis and evidence to justify the assumptions.

Where APRA determines that an ADI is actively using collateral swaps for liquidity management purposes, APRA may require that the ADI include in its LCR calculation the net cash flow impact of collateral swaps based on a method determined by APRA at that time.